DISPOSITION OF REAL PROPERTY LOCATED IN THE DOWNTOWN CRA

Closing date October 16, 2026, 10:00 AM

  • Reference number60-26
  • StatusOpen
  • SummaryNotice is hereby given that the City of Clearwater Community Redevelopment Agency (the “CRA”) will accept sealed proposals for development (“PFDs”) beginning on September 16, 2026 until thirty (30) days thereafter with such date being 10:00 A.M., Local Time, October 16, 2026, from qualified persons and groups interested in purchasing and redeveloping the properties described below:

BRIEF DESCRIPTION: Notice is hereby given that the City of Clearwater Community Redevelopment Agency (the “CRA”) will accept sealed proposals for development (“PFDs”) beginning on September 16, 2026 until thirty (30) days thereafter with such date being 10:00 A.M., Local Time, October 16, 2026, from qualified persons and groups interested in purchasing and redeveloping the properties described below:

Address commonly known as: 618 Drew Street, Clearwater, FL 33755

 

SEE ATTACHED EXHIBIT “A”

 

SUBMIT PROPOSALS TO: The CRA recommends that proposers submit PFDs electronically through the City of Clearwater’s website at https://www.myclearwater.com/business/rfp. Alternatively, proposers may mail or hand-deliver PFDs to the address below:

 

City of Clearwater

Community Redevelopment Agency Department

100 S. Myrtle Ave., 3rd Floor

Clearwater, FL 33756

 

No responsibility will attach to the CRA or the City of Clearwater, their employees, or agents for premature opening of a PFD that is not properly addressed and identified. Email or fax submissions will not be accepted. Late submittals will not be considered.

 

The CRA invites PFDs for the purchase and redevelopment of three (3) CRA-owned properties, comprising approximately 0.75± acres combined, to be conveyed as a unified redevelopment opportunity within the Clearwater Downtown Community Redevelopment Area. The properties abut the Fred Marquis Pinellas Trail, providing an opportunity for the redevelopment to connect with and complement this important pedestrian and bicycle corridor. PFDs must provide for the purchase and redevelopment of all three properties. The proposed redevelopment shall be consistent with the Clearwater Downtown Redevelopment Plan, including the vision and development objectives of the Old Bay Character District. The properties have a Central Business District (CBD) future land use designation and Downtown (D) zoning designation.

 

The PFD narrative shall not exceed 2,000 words, excluding supporting documentation (e.g., financial statements, budgets, renderings, site plans, exhibits, appendices, and resumes). At a minimum, proposals shall include:

 

  • A description of the proposed redevelopment, including the proposed uses, site design, conceptual renderings or other visual depictions, anticipated community and economic benefits, and, where feasible, how the proposed redevelopment connects to and activates the adjacent Pinellas Trail through site design, pedestrian access, building orientation, active uses, public spaces, or other complementary improvements.
  • A proposed purchase price, recognizing that the appraised value of the properties is $2,289,500.00. Purchase price will be considered as part of the CRA’s overall evaluation; however, proposals offering less than the appraised value will not be excluded from consideration and will be evaluated based on the overall merits of the proposal, including the proposed redevelopment and anticipated community and economic benefits.
  • A complete financial proposal, including anticipated capital investment, sources and uses of funds, the proposed financing structure, and any requested financial assistance, incentives, or public participation from the CRA, the City of Clearwater, or any other funding source.
  • Information demonstrating the proposer’s financial and legal ability to successfully carry out the proposed redevelopment, including evidence of financial capacity.
  • A description of the experience of the proposer and/or its principals in developing, constructing, owning, operating, or managing similar developments.
  • A proposed development schedule identifying major project milestones from acquisition through project completion, including any anticipated governmental approvals.
  • A marketing, leasing, and/or operational strategy, as applicable, including strategies to promote long-term viability and success of the redevelopment.
  • Any additional information the proposer believes will assist the CRA in evaluating the proposal and demonstrating the proposer’s ability to successfully acquire, finance, design, construct, own, operate, and maintain the proposed redevelopment.

For questions and more information, please contact the City of Clearwater Procurement Division by email at Purchasing@myclearwater.com or visit the Community Redevelopment Agency at the address listed above.

The CRA shall consider all PFDs received in a timely manner. The CRA reserves the right to reject any or all PFDs, to waive technicalities, to re-advertise, and to otherwise conduct this process in the manner it deems to be in the best interests of the public. PFDs will also be evaluated based on the criteria required by Fla. Stat. § 163.380(2). 

 

Attachments:

Exhibit-A-for-Property-618-Drew-Street.pdf(PDF, 82KB)

Deed-Pinellas-County-Clerk-of-the-Court-Bk-21311-Pg-2366.pdf(PDF, 173KB)

Pictures-618-Drew-Street-Properties.pdf(PDF, 1MB)

Appraisal-618-Drew-Street-Ave-City-of-Clearwater.pdf(PDF, 9MB)

Asbestos-Survey.pdf(PDF, 6MB)

Clw_DreswStreet_Phase1ESA_Final.pdf(PDF, 9MB)

 

Instructions on how to submit your solicitation documents electronically:  

NOTE: Once solicitation documents have been submitted, in order to retract the documents, an email from your company must be sent to the address listed under that solicitation on the City’s website. Retractions can only be made on open solicitations.